Ejar has announced the introduction of a new feature that allows reflecting the settlement invoice after the termination of the rental contract through the platform, with the possibility of sharing it with the competent authorities, in a move that aims to develop the mechanisms of consensual contract termination and raise the efficiency of the services provided to the beneficiaries.

Ejar explained that this feature comes as part of its continuous efforts to improve the experience of ending the rental contract, which contributes to organizing the contractual relationship between its parties, and enhances the levels of clarity and reliability in the financial procedures resulting from the termination of the contract.

The settlement invoice reversal feature aims to facilitate transactions between the lessor and the lessee and ensure the accuracy of financial settlements, supporting the principle of transparency and preserving the rights of all related parties.

Reverse settlement invoice feature aims to facilitate transactions between the lessor and the lessee, and ensure the accuracy of financial settlements. Ejar is an integrated electronic network that works to regulate the real estate rental sector in the Kingdom of Saudi Arabia and protect the rights of the parties to the rental process, namely the tenant, the lessor and the real estate broker.

The platform also offers a package of digital solutions and services that contribute to the development of the rental sector, organizing it and simplifying its procedures, in order to achieve balance in the real estate market, enhance confidence in it, and support the investment environment in the sector.